|IMF Working Paper-From Stress to CoStress: Stress Testing Interconnected Banking Systems-continued|
|February 16, 2012--Summary: This paper presents an integrated framework for assessing systemic risk. The framework models banks' capital asset ratios as a function of future losses and credit growth using a generalized method of moments to calibrate shocks to credit quality and credit growth.|
|The analysis is complemented by a simple measure of systemic risk, which captures tail risk comovement among banks in the system. The main contribution of this paper is to advance a simple framework to integrate systemic risk scenarios that assess the impact of aggregate and idiosyncratic factors. The analysis is based on CreditRisk+, which uses analytical techniques—similar to those applied in the insurance industry - to estimate banks’ credit portfolio loss distributions, making no assumptions about the cause of default.|
|Global ETP News|
|IOSCO analyzes potential of tech-driven change in the securities market industry|
|February 8, 2017--A new report published today highlights the increasingly important intersection between financial technology (Fintech) and securities market regulation, and describes the impact it has on investors and financial services.|
|IOSCO report shows progress made in implementation of Benchmark Principles|
|February 7, 2017--The Board of the International Organization of Securities Commissions (IOSCO) today published the Second Review of the Implementation of IOSCO's Principles for Financial Benchmarks in respect of the WM/Reuters 4 p.m. Closing Spot Rate.|
|PWC-The Long View: How will the global economic order change by 2050?|
|February 6, 2017--Foreword|
After a year of major political shocks with the Brexit vote and the election of President Trump, it might seem brave to opine on economic prospects for 2017, let alone 2050.
|Passive investing advances on US bond market|
|February 5, 2017--Exchange traded funds and index-trackers control over a fifth of fixed-income market.|
|IMF-Measure up: A Better Way to Calculate GDP|
|February 2, 2017--To derive real GDP, the System of National Accounts 2008 (2008 SNA) recommends a technique called double deflation. Some countries use single deflation techniques, which fail to capture important relative price changes and introduce estimation errors in official GDP growth.|
|World Gold Council-Gold Demand Trends Full Year 2016|
|February 2, 2017--A four-year high in investment drove price gains and demand growth|
2016 full-year gold demand gained 2% to reach a 3-year high of 4,308.7t.
|Passive investing set to claim half of markets|
|February 2, 2017--Prediction of near-parity from 2021 as active managers battle to give superior returns|
|Global foreign direct investment fell 13% in 2016, but modest recovery expected in 2017-new figures|
|February 1, 2017--GITM Global flows of foreign direct investment (FDI) fell 13% in 2016 to an estimated $1.52 trillion as global economic growth remained weak and world trade volumes posted anemic gains, according to the latest UNCTAD Global Investment Trends Monitor.|
|ETF Securities Investment Insights January 2017-The growing case for commodities|
|January 31, 2017--Summary
Amid heightened geopolitical uncertainty and stretched valuations in traditional assets, commodities may serve as a key alternative investment and source of diversification.
|Fixed income trading primed for evolutionary leap|
|January 30, 2017--This year will see data science and analytics fuel 'smart trading', says Tradeweb chief.|
|Improving Governance Is Key to Ensuring Equitable Growth in Developing Countries|
|January 30, 2017--A new World Bank policy report urges developing countries and international development agencies to rethink their approach to governance, as a key to overcoming challenges related to security, growth, and equity.|
|Renminbi internationalisation remains elusive|
|January 30, 2017--Offshore rate against the dollar has been stronger than its onshore counterpart|
|IMF Working paper-Oil Prices and the Global Economy|
|January 27, 2017--This paper presents a simple macroeconomic model of the oil market. The model incorporates features of oil supply such as depletion, endogenous oil exploration and extraction, as well as features of oil demand such as the secular increase in demand from emerging-market economies, usage efficiency, and endogenous demand responses.|
|Frequently asked questions on market risk capital requirements published by the Basel Committee|
|January 26, 2017--The Basel Committee on Banking Supervision today published responses to frequently asked questions (FAQs) on the standard Minimum capital requirements for market risk.|
|BlackRock and Vanguard crush smaller ETF rivals|
|January 26, 2017--Record-breaking year for exchange traded funds benefited fund giants that slashed fees.|
|JPMorgan wins $1tn custody mandate from BlackRock|
|January 25, 2017--Wall Street group to overtake State Street as world's No 2 custodian bank|
|Industrial Commodities Prices to Surge in 2017: World Bank|
|January 24, 2017-The World Bank is forecasting strong gains for industrial commodities such as energy and metals in 2017, due to tightening supply and strengthening demand.|
|The Economist-Democracy Index 2016|
|January 23, 2017--According to the 2016 Democracy Index almost one-half of the world's countries can be considered to be democracies of some sort, but the number of "full democracies" has declined from 20 in 2015 to 19 in 2016|
|ETF Securities Weekly Flows Analysis-Gold and the US Dollar back in favour|
|January 23, 2017--Gold inflows rebound to the highest levels in 16 weeks, and the fourth consecutive week of inflows.
Emerging market bonds see largest inflows in eight weeks.
Profit taking in short JPY ETPs reaches the highest level since April 2016.
|George Osborne to join BlackRock as adviser|
|January 20, 2017--World's largest asset manager recruits former UK chancellor.|